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Newscast

Making an Autumn Statement: What could we hear from the chancellor next week?

Newscast

BBC

Politics, News

4.46.4K Ratings

🗓️ 18 November 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

The Chancellor Jeremy Hunt is considering cutting inheritance and business taxes, the BBC has been told. He will present new economic policies in the Autumn Statement on Wednesday. Former Treasury minister, David Gauke, gives Laura and Paddy an inside look into how Autumn Statements are made. And they unpack another busy week of Westminster politics. You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere Today's Newscast was presented by Laura Kuenssberg and Paddy O’Connell. It was made by Chris Flynn with Joe Wilkinson. The technical producer was Mike Regaard. The senior news editors are Jonathan Aspinwall and Sam Bonham.

Transcript

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0:00.0

BBC Sounds, music radio podcasts.

0:04.6

Paddy here we are, what a big week.

0:06.6

Did you predict it last week?

0:08.1

I wasn't here, but obviously you obviously predicted all of them.

0:10.4

Oh, every single tiny jot and thistle.

0:12.2

No, not all. We'll be talking about that a bit the next few weeks.

0:16.0

We did say that one of my sources had said to me very, very confidently, which I repeated,

0:21.0

with lots of dollops of caveats that Suella Bravar

0:23.8

was going to be sacked on Monday and she was indeed sacked on Monday.

0:26.8

Yeah.

0:27.8

And we have an expert witness for you in the form of the former Conservative MP

0:31.2

David Cork who was Exchequer Secretary, Financial Secretary,

0:35.4

and Chief Secretary to the Treasury during his political career under David Cameron and Theresa

0:40.5

May.

0:41.5

But we are recording at 2 o'clock and something very exciting has just happened.

0:44.3

An Elon Musk giant rocket has just gone into the sky.

0:49.4

That was exciting.

0:50.4

Did you see the pictures?

0:51.4

Yes, billionaires going into space is one of the other...

0:54.8

We all thought the new cycle had gone through the looking glass, but now you're not a

0:58.8

proper billionaire unless you send something into space.

1:02.0

Not just in the morning show which is one of my

...

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